Thursday, June 26, 2008

In this time and age people tend to use credit cards instead of cash money in purchasing their needs; their groceries, appliances, clothing’s, home supplies, medicines, gasoline and almost everything that a card was allowed to use.In this way people don’t have to bring cash with them thus preventing bad elements from stealing money from them.It’s safer and convenient, as they say cashless shopping.But did you know that using credit cards as replacement for cash payments have its advantages and disadvantages.It’s true that it’s really convenient to use cards but the mere fact that it’s very easy to use leads the user to depend on it primarily.They sometimes forget how to make use of their credit cards wisely that it leads to overspending and before they knew it the burden of debt is upon them with high interest rates.And if your income can’t stand the pressure of paying too much debt you’re faced with financial bankruptcy. In cases like these you need debt consolidation program to reduce your monthly payments and help you solve your problem in the best way they can.

I’ve experienced using my credit cards up to the limit that I was allowed to and the result really gave me a headache as interest and charges increased also.It’s hard on the budget and your reputation will be affected also.I’ve inquired and availed debt settlement program which gave me a financial liberty to pay off my debt in 18 months with fixed low interest.After 18 months I’ve became debt free and successfully regained my good credit name.I’ve learned a very good lesson in that experience and have managed my finances wisely.

So if you’re suffering from stress and worries of overwhelming credit card debt you need to reduce and consolidate your debt.And what is the best way to do it? Seek the help of companies who offer assistance to clients with debt problems like the Newport Financial Services which provides debt relief with their Credit Card Debt Consolidation Programs.They assist their clients find the best alternative for solving their debt problem.Their program help reduce debt by as much as 40% to 75%, become debt free in 36 months or less and reduce monthly payments by up to 50%.You’ll be comfortable that you’ll be paying just one bill per month as they consolidate all debts in one.They will ensure you achieve that goal and regain your good reputation.

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About Me

Work-At-Home Mom who quit years of corporate life to take care three kids full time. Fond of cooking, reading books and determined to master housekeeping. Created this blog to share about career, job, human resource, hobbies, sports and travel